PPP Loan information for Royal electric service, incorporated

$11,392

Royal electric service, incorporated was initially approved for PPP Loan of amount $11,392, the current approved amount is $11,392. The loan was approved on 06/26/2020 by The First Horizon Bank reported 5 jobs and $11,392 was used to fund payroll.

Royal electric service, incorporated is Existing or more than 2 years old

PPP Loan Search / NC / CLINTON / Royal electric service, incorporated

ROYAL ELECTRIC SERVICE, INCORPORATED

Date Approved

06/26/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROYAL ELECTRIC SERVICE, INCORPORATED

Borrower Address

4025 MOUNT MORIAH CHURCH RD

Borrower City

CLINTON

Borrower State

NC

Borrower Zip

28328-8821

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11392.00

Current Approval Amount

11392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

SAMPSON

Project State

NC

Project Zip

28328-8821

CD

NC-03

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11392.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11534.72

Forgiveness Date

10/15/2021

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